Telecom consolidation continues: T-Mobile and Verizon eye US Cellular next

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Telecom consolidation continues: T-Mobile and Verizon eye US Cellular next

May 10, 2024, 06:41 AM

Credit: Edgar Cervantes / Android Authority
T-Mobile and Verizon are reportedly in talks to acquire US Cellular in separate deals.

T-Mobile is already nearing a $2 billion deal for a significant portion of US Cellular.

Verizonâ€™s negotiations for the purchase of the remaining US Cellular assets are in an earlier stage.

Industry giants T-Mobile and Verizon are in discussions to purchase separate portions of regional carrier US Cellular, according to a recent Wall Street Journal report.

Sources close to the negotiations state that T-Mobile is already nearing the finalization of a $2 billion deal for a significant part of US Cellular. Simultaneously, Verizon is considering a purchase of the remaining assets, although discussions remain less advanced.

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